Well Established Turnkey Hair Salon For Sale!

Revenue generated by renting chairs already pays for most of the rent. The owner, a stylist herself, makes around $40K from this store. This well-established, very clean, and beautiful hair salon has been primarily engaged in cutting, trimming, shampooing, weaving, coloring, waving, and styling hair. The current owner established this business in 2004. She has built a great reputation for this business and handles customers by appointment only. There are five chairs in this Salon. A couple of chairs are rented. The new owner can change the timings and have the option of starting accepting walkins for generating more revenue. Space offers salon chairs, shampoo bowls, and a private room for waxing. Opportunity to also include nail services. Business is located in an established neighborhood on a major road with heavy traffic. Excellent opportunity for any stylist dreaming of owning their own salon with low investment and start-up costs and/or rent some of the chairs for extra revenue generation. Salon is set for Covid-19 safety guidelines. The current owner has done a fantastic job branding the business and building a great reputation in the local community. The current owner is willing to stay with the business by renting one chair and within the next year or so potentially shifting her clients to the new owner as well. Location: Richardson, Texas Year Established: 2004 Real Estate: Leased Building Sq. Ft.: 1,200 Rent: $1,900.00 Per Month Facilities: All equipment is in great shape. Business is located on a busy road in an established neighborhood. Rent ranges between $1850 - $1950 depending on Electric usage since the landlord takes care of NNN, water and electricity as part of the rent. The store is about 1200 SQFT with a small break room, washer dryer, restroom, and a separate area which can be used for massage, nail parlor, waxing etc. Owner spent over $7000 on installing a brand new floor just about a year ago. Growth & Expansion: Additional revenues can be generated by active marketing and renting additional empty chairs to other stylists.